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ASIA-PACIFIC SMART COATINGS MARKET FORECAST 2021-2028

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ASIA-PACIFIC SMART COATINGS MARKET FORECAST 2021-2028

The Asia-Pacific smart coatings market is expected to develop with a CAGR of 23.49% during the forecasted period of 2021 to 2028. The regional market’s growth is predominantly accredited to the presence of several emerging economies, such as India, Vietnam, China, and Indonesia, the entrance of foreign companies, and the surging demand for commercial construction, including warehouses, production houses, buildings, offices, and others.

ASIA-PACIFIC SMART COATINGS MARKET FORECAST 2021-2028

Asia-Pacific Smart Coatings Market by Layer (Single-layer, Multi-layer) Market by Type (Anti-microbial, Anti-corrosion, Anti-fouling, Anti-icing, Self-cleaning, Self-healing, Other Types) Market by End-user (Building & Construction, Automotive, Marine, Aerospace & Defence, Other End-users) and by Geography

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The Asia-Pacific smart coatings market is expected to develop with a CAGR of 23.49% during the forecasted period of 2021 to 2028. The regional market’s growth is predominantly accredited to the presence of several emerging economies, such as India, Vietnam, China, and Indonesia, the entrance of foreign companies, and the surging demand for commercial construction, including warehouses, production houses, buildings, offices, and others.
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The Asia-Pacific smart coatings market growth evaluation entails the assessment of Vietnam, Indonesia, South Korea, India, Thailand, Japan, Australia & New Zealand, China, and the rest of the Asia-Pacific. China is the second-largest economy globally, following the United States. Several economists and global organizations, including the World Bank, forecast that China will surpass the United States in this regard over the next five years. In addition to witnessing unprecedented gross domestic product (GDP) growth during the last twenty years, the country is also the largest coatings consumer and producer worldwide.

Japan is among the top manufacturers of ships across the globe and thus, maintains a dominant position within the marine coatings industry. In terms of gross tonnage and units, the number of completions displays fluctuating growth in the nation. Furthermore, the announcement regarding the merger of Japan’s shipbuilding leaders, Japan Marine United and Imabari Shipbuilding, is likely to generate substantial opportunities for players within the country’s marine coatings market over the upcoming years. Hence, these factors are set to fuel the market growth in the Asia-Pacific.

Nippon Steel Corporation, headquartered in Japan, is a top steel manufacturer. The company undertakes several businesses such as system solutions, engineering, new materials, steel-making, and chemicals. It produces construction products, flat products, bar and wire rods, titanium and stainless steel, railway, automotive and machinery parts, pipes, and tube. Moreover, the company caters to civil engineering, resources and energy, automobiles, railways, and construction markets.

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    1. RESEARCH SCOPE & METHODOLOGY
      • STUDY OBJECTIVES
      • SCOPE OF STUDY
      • METHODOLOGY
      • ASSUMPTIONS & LIMITATIONS
    2. EXECUTIVE SUMMARY
      • MARKET SIZE & ESTIMATES
      • MARKET OVERVIEW
    3. MARKET DYNAMICS
      • KEY DRIVERS
        • GROWING DEMAND FROM CONSTRUCTION SECTOR
        • BENEFITS OFFERED BY SMART COATING OVER TRADITIONAL COATING
        • RISE IN MERGERS AND ACQUISITIONS AMONG SMART COATING-RELATED COMPANIES
      • KEY RESTRAINTS
        • HIGH PRICE OF SMART COATINGS
        • UNFAVORABLE ENVIRONMENTAL REGULATIONS
    1. KEY ANALYTICS
      • IMPACT OF COVID-19 ON SMART COATINGS MARKET
      • KEY MARKET TRENDS
      • PORTER’S FIVE FORCES ANALYSIS
        • BUYERS POWER
        • SUPPLIERS POWER
        • SUBSTITUTION
        • NEW ENTRANTS
        • INDUSTRY RIVALRY
      • OPPORTUNITY MATRIX
      • VENDOR LANDSCAPE
      • KEY BUYING CRITERIA
        • RAW MATERIALS
        • PRICE
        • QUALITY
    1. MARKET BY LAYER
      • SINGLE-LAYER
      • MULTI-LAYER
    2. MARKET BY TYPE
      • ANTI-MICROBIAL
      • ANTI-CORROSION
      • ANTI-FOULING
      • ANTI-ICING
      • SELF-CLEANING
      • SELF-HEALING
      • OTHER TYPES
    3. MARKET BY END-USER
      • BUILDING & CONSTRUCTION
      • AUTOMOTIVE
      • MARINE
      • AEROSPACE & DEFENCE
      • OTHER END-USERS
    4. GEOGRAPHICAL ANALYSIS
      • ASIA-PACIFIC
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • CHINA
          • JAPAN
          • INDIA
          • SOUTH KOREA
          • INDONESIA
          • THAILAND
          • VIETNAM
          • AUSTRALIA & NEW ZEALAND
          • REST OF ASIA-PACIFIC
    1. COMPETITIVE LANDSCAPE
      • KEY STRATEGIC DEVELOPMENTS
        • MERGERS & ACQUISITIONS
        • PRODUCT LAUNCHES & DEVELOPMENTS
        • PARTNERSHIPS & AGREEMENTS
        • BUSINESS EXPANSIONS & DIVESTITURES
      • COMPANY PROFILES
        • 3M COMPANY
        • AKZONOBEL NV
        • ANCATT INC
        • AXALTA COATING SYSTEM
        • BASF SE
        • EASTMAN CHEMICAL COMPANY
        • EI DU PONT DE NEMOURS AND COMPANY
        • HEMPEL A/S
        • JOTUN A/S
        • NEI CORPORATION
        • NIPPON STEEL CORPORATION
        • PPG INDUSTRIES INC
        • ROYAL DSM NV
        • TESLA NANOCOATINGS INC
        • THE DOW CHEMICAL COMPANY
        • THE SHERWIN-WILLIAMS COMPANY

    LIST OF TABLES

    TABLE 1: MARKET SNAPSHOT – SMART COATINGS

    TABLE 2: ASIA-PACIFIC SMART COATINGS MARKET, BY LAYER, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 3: ASIA-PACIFIC SMART COATINGS MARKET, BY LAYER, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 4: ASIA-PACIFIC SMART COATINGS MARKET, BY TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 5: ASIA-PACIFIC SMART COATINGS MARKET, BY TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 6: ASIA-PACIFIC SMART COATINGS MARKET, BY END-USER, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 7: ASIA-PACIFIC SMART COATINGS MARKET, BY END-USER, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 8: ASIA-PACIFIC SMART COATINGS MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 9: ASIA-PACIFIC SMART COATINGS MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 10: LEADING PLAYERS OPERATING IN ASIA-PACIFIC SMART COATINGS MARKET

    TABLE 11: LIST OF MERGERS & ACQUISITIONS

    TABLE 12: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

    TABLE 13: LIST OF PARTNERSHIPS & AGREEMENTS

    TABLE 14: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

    LIST OF FIGURES

    FIGURE 1: KEY MARKET TRENDS

    FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

    FIGURE 3: OPPORTUNITY MATRIX

    FIGURE 4: VENDOR LANDSCAPE

    FIGURE 5: KEY BUYING CRITERIA

    FIGURE 6: ASIA-PACIFIC SMART COATINGS MARKET, GROWTH POTENTIAL, BY LAYER, IN 2020

    FIGURE 7: ASIA-PACIFIC SMART COATINGS MARKET, BY SINGLE LAYER, 2021-2028 (IN $ MILLION)

    FIGURE 8: ASIA-PACIFIC SMART COATINGS MARKET, BY MULTI-LAYER, 2021-2028 (IN $ MILLION)

    FIGURE 9: ASIA-PACIFIC SMART COATINGS MARKET, GROWTH POTENTIAL, BY TYPE, IN 2020

    FIGURE 10: ASIA-PACIFIC SMART COATINGS MARKET, BY ANTI-MICROBIAL, 2021-2028 (IN $ MILLION)

    FIGURE 11: ASIA-PACIFIC SMART COATINGS MARKET, BY ANTI-CORROSION, 2021-2028 (IN $ MILLION)

    FIGURE 12: ASIA-PACIFIC SMART COATINGS MARKET, BY ANTI-FOULING, 2021-2028 (IN $ MILLION)

    FIGURE 13: ASIA-PACIFIC SMART COATINGS MARKET, BY ANTI-ICING, 2021-2028 (IN $ MILLION)

    FIGURE 14: ASIA-PACIFIC SMART COATINGS MARKET, BY SELF-CLEANING, 2021-2028 (IN $ MILLION)

    FIGURE 15: ASIA-PACIFIC SMART COATINGS MARKET, BY SELF-HEALING, 2021-2028 (IN $ MILLION)

    FIGURE 16: ASIA-PACIFIC SMART COATINGS MARKET, BY OTHER TYPES, 2021-2028 (IN $ MILLION)

    FIGURE 17: ASIA-PACIFIC SMART COATINGS MARKET, GROWTH POTENTIAL, BY END-USER, IN 2020

    FIGURE 18: ASIA-PACIFIC SMART COATINGS MARKET, BY BUILDING & CONSTRUCTION, 2021-2028 (IN $ MILLION)

    FIGURE 19: ASIA-PACIFIC SMART COATINGS MARKET, BY AUTOMOTIVE, 2021-2028 (IN $ MILLION)

    FIGURE 20: ASIA-PACIFIC SMART COATINGS MARKET, BY MARINE, 2021-2028 (IN $ MILLION)

    FIGURE 21: ASIA-PACIFIC SMART COATINGS MARKET, BY AEROSPACE & DEFENCE, 2021-2028 (IN $ MILLION)

    FIGURE 22: ASIA-PACIFIC SMART COATINGS MARKET, BY OTHER END-USERS, 2021-2028 (IN $ MILLION)

    FIGURE 23: ASIA-PACIFIC SMART COATINGS MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)

    FIGURE 24: CHINA SMART COATINGS MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 25: JAPAN SMART COATINGS MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 26: INDIA SMART COATINGS MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 27: SOUTH KOREA SMART COATINGS MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 28: INDONESIA SMART COATINGS MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 29: THAILAND SMART COATINGS MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 30: VIETNAM SMART COATINGS MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 31: AUSTRALIA & NEW ZEALAND SMART COATINGS MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 32: REST OF ASIA-PACIFIC SMART COATINGS MARKET, 2021-2028 (IN $ MILLION)

    1. GEOGRAPHICAL ANALYSIS
      • ASIA-PACIFIC
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • CHINA
          • JAPAN
          • INDIA
          • SOUTH KOREA
          • INDONESIA
          • THAILAND
          • VIETNAM
          • AUSTRALIA & NEW ZEALAND
          • REST OF ASIA-PACIFIC
    1. MARKET BY LAYER
      • SINGLE-LAYER
      • MULTI-LAYER
    2. MARKET BY TYPE
      • ANTI-MICROBIAL
      • ANTI-CORROSION
      • ANTI-FOULING
      • ANTI-ICING
      • SELF-CLEANING
      • SELF-HEALING
      • OTHER TYPES
    3. MARKET BY END-USER
      • BUILDING & CONSTRUCTION
      • AUTOMOTIVE
      • MARINE
      • AEROSPACE & DEFENCE
      • OTHER END-USERS

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